Fisher Island Real Estate


Fisher Island's Wealth of Lower Priced Property
Updated: Tuesday, March 09, 2010

It’s already been well established that Fisher Island is one of the wealthiest neighborhoods in the United States and that the Fisher Island homes that comprise the neighborhood are among the priciest.  For the most part Fisher Island has managed to weather the effects of the housing downturn pretty well but it seems that now it’s about to become more affordable.

Prices for Fisher Island real estate have in some cases dropped by a whopping fifty percent or more.  A three bedroom Fisher Island condo that once sold for a handsome $4 million during the market heyday is now being sold for a cool $1.75 million, numbers that are absolutely unheard of when taking into account the neighborhood the condominium is in.  In fact, there are over 130 Fisher Island condos up for sale right now, most of which have a lower price tag than what they were once going for.

Assuming that money is largely a non issue, there’s arguably never been a better time to check out what’s available in Fisher Island real estate.  These premium properties are among the best you’ll find and if you know anything about Fisher Island, you know that their privacy is second to none.

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